The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The unmanned traffic management market has experienced exponential growth, reaching $1.32 billion in 2023 and projected to reach $1.6 billion in 2024, with a CAGR of 21.5%. It’s anticipated to grow to $3.49 billion by 2028. Growth drivers include increased BVLOS operations and expansion of drone delivery services. Expected trends involve technological innovations in communication systems and AI integration, alongside advances in drone technology.

Drone activities are on the rise, leading to increased demand for unmanned traffic management systems. With companies like Flytrex witnessing a substantial surge in drone deliveries, the need for managing drone traffic becomes crucial. This escalating drone activity underscores the necessity for robust unmanned traffic management solutions.

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What Are The Key Trends That Influence Unmanned Traffic Management Market Share Analysis?

Major players in the unmanned traffic management market are introducing new products such as cloud-based aerial traffic management systems to gain competitive advantages. These systems utilize cloud computing to manage airspace activities for drones and manned aircraft. For instance, Skye Air Mobility Private Limited launched Skye UTM in February 2023, a cloud-based solution integrating unmanned and manned aviation, enhancing airspace safety and operational efficiency.

Which Market Players Are Driving Growth In The Unmanned Traffic Management Market?

Major companies operating in the unmanned traffic management  market report are Droniq GmbH, Raytheon Company, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc., DJI Technology Co. Ltd., Thales Group, L3 Harris Technologies, Harris Corporation, Leonardo S.P.A., Collins Aerospace, Saab AB, Indra Sistemas S.A., Cubic Corporation, Frequentis AG, Skye Air Limited, DroneUP LLC, Nova Systems LLC, General Electric Company, Airbus SE, Intelligent Automation (IAI), Dedrone, Terra Drone Corporation, PrecisionHawk Inc., Altitude Angle Limited, Unifly NV, Aeronyde Corporation, AirMap Inc., Airware

How Is The Global Unmanned Traffic Management Market Segmented?

The unmanned traffic management market covered in this report is segmented –

1) By Type: Persistent, Non-Persistent
2) By Component: Hardware, Software, Services
3) By Application: Aviation, Homeland Security, Agriculture, Logistics And Transportation, Other Applications

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The Unmanned Traffic Management Global Market Report 2024 provides an overview of the unmanned traffic managementmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The unmanned traffic management market forecast analyzes unmanned traffic management market size, unmanned traffic management market share, leading competitor and their market positions.

The Table Of Content For The Unmanned Traffic Management Market Include

1. Unmanned Traffic Management Market Executive Summary
2. Unmanned Traffic Management Market Segments
3. Unmanned Traffic Management Market Size And Template Market Growth Rate
4.  Key Unmanned Traffic Management Market Trends
5. Major Unmanned Traffic Management Market Drivers
……
25. Key Mergers And Acquisitions In The Unmanned Traffic Management Market
26. Top Unmanned Traffic Management Companies
27. Unmanned Traffic Management Market Opportunities And Strategies
28. Unmanned Traffic Management Market, Conclusions And Recommendations
29. Appendix

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